Market Overview for Acala Token/Tether (ACAUSDT)

Summary
• Price action shows consolidation around 0.0115–0.0119 with failed breakouts above 0.0121.
• Momentum is mixed, with RSI hovering near neutral, suggesting indecision in direction.
• Volatility appears to be contracting toward the end of the 24-hour period.
• Volume surged during early bearish moves, indicating short-term selling pressure.
• A key support appears to form near 0.0115, holding multiple closes in recent hours.

Acala Token/Tether (ACAUSDT) opened at 0.0119 on 2025-12-10 at 12:00 ET, reaching a high of 0.0121 and a low of 0.0108 before closing at 0.0111 on 2025-12-11 at 12:00 ET. Total volume was 100,372,481.93, with turnover of 1,124,413.10 USD over 24 hours.

Structure & Formations

The price moved in a tight range for much of the 24-hour period, with resistance forming at 0.0119 and 0.0121. A failed breakout above 0.0121 during the evening hours on 2025-12-10 led to a sharp reversal and subsequent bearish consolidation. A potential support level appears to form at 0.0115, where price tested and bounced multiple times.

Notable patterns include a bearish engulfing candle around 2025-12-10 22:00 ET and a bullish harami at 0.0115 during the early morning hours of 2025-12-11.

Moving Averages

On the 5-minute chart, the 20-period and 50-period SMAs remained close, with the price oscillating above and below both. The 50-period SMA appears to act as a dynamic support in the morning hours. On the daily chart, the 50-period SMA is at 0.0113, with the 100-period and 200-period SMAs slightly above, suggesting potential for a bearish bias if the price remains below 0.0115.

MACD & RSI

The MACD showed a neutral to slightly bearish trend over the last 12 hours, with the histogram shrinking and the line crossing below the signal line. RSI moved between 40–60 for much of the day, indicating a lack of strong momentum in either direction. A minor overbought condition was observed during the brief breakout above 0.0121, but failed to sustain.

Bollinger Bands

Volatility expanded during the initial bearish move late on 2025-12-10, with the bands widening. Price remained below the middle band for the majority of the 24-hour window, suggesting a bearish tone. Toward the end of the period, volatility began to contract, with the price tightening around the middle band—indicative of a possible consolidation phase ahead.

Volume & Turnover

Volume spiked during bearish hours on 2025-12-10, particularly around 20:30 ET, as the price dropped from 0.0120 to 0.0117. Turnover increased correspondingly, confirming the bearish move. Later in the period, volume declined as the price settled into a narrower range, suggesting diminishing conviction in either direction.

Fibonacci Retracements

Applying Fibonacci to the swing high at 0.0121 and low at 0.0115, the 38.2% retracement level is at 0.0117 and the 61.8% level is at 0.0116. The price has tested the 61.8% level multiple times, suggesting it could act as a key support ahead.

Looking ahead, the next 24 hours could see ACAUSDT testing the 0.0115 level again for potential support, with a breakout above 0.0119 indicating possible consolidation or a shift in momentum. However, given the current volatility contraction and lack of strong directional signals, caution is warranted.